@article {691, title = {Introducing {\textquotedblleft}Business Source{\textquotedblright}: The Future of Corporate Open Source Licensing?}, journal = {Technology Innovation Management Review}, volume = {3}, year = {2013}, month = {06/2013}, pages = {5-12}, abstract = {The benefits of the open source development model have been proven by the test of time; however, making this development model economically feasible can be challenging. In this article, Monty Widenius puts forth a suggestion for a new type of license, which is the result of the lessons learned from decades of work on open source, both as programmer and entrepreneur. The result, {\textquotedblleft}business source{\textquotedblright}, is a license that seeks to enable a business model that can both harness the benefits of open source while generating sufficient income for the program{\textquoteright}s continued development. The business source license automatically changes terms after a given period: an initial non-open source license with specific usage restrictions that transforms to a fully open source license on a specific future date. In this article, we contribute a proposal for a novel license, a set of recommendations for managers, and a sample text of a business source license. This work will be of relevance to four main groups: i) those developing or managing a closed source program but who are interested in the benefits open source offers; ii) those managing open core programs; iii) projects in development; and iv) investors interested in funding open source projects.}, keywords = {business source, open core, open source business models, open source software development, software licensing}, issn = {1927-0321}, doi = {http://doi.org/10.22215/timreview/691}, url = {http://timreview.ca/article/691}, author = {Michael (Monty) Widenius and Linus Nyman} }